One of the Main Purposes of the First Step Act

question 42

Multiple Choice

One of the main purposes of the First Step Act was ______.

• A) reducing the federal prison population
• B) outlawing small amounts of crack cocaine
• C) implementing a 20-year mandatory minimum
• D) making the Anti-Drug Abuse Act retroactive

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Definitions:

Variable Expenses

Expenses that vary depending on the amount of products made or the volume of sales transactions.

Break-even Point

The level of production or sales at which a business's revenues equal its expenses, resulting in neither profit nor loss.

Fixed Expenses

Costs that do not change in total with variations in the volume of activity, such as rent, salaries, and insurance.

Selling Price

The price at which a product or service is offered to consumers.